Decentralization in infinite horizon economies

Bibliographic Information

Decentralization in infinite horizon economies

edited by Mukul Majumdar

Westview Press, 1992

Available at  / 23 libraries

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Includes bibliographical references

Description and Table of Contents

Description

Our understanding of the efficient workings of decentralized price systems is severely tested by the problems presented when these systems are modelled without a definite terminal date. This book brings together a selection of recent work on the topic, and presents a summary and overview.

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